Bank of New York Mellon

Bank of New York Mellon may not be off the hook in Sentinel case

By Daniel P. Collins | December 5, 2012

The Seventh Circuit Court of Appeals on Friday vacated an August ruling that allowed Bank of New York Mellon (BONY) to maintain priority over former customers of Sentinel Management Group to funds it loaned to Sentinel.
Euro falls most in 2 months on growth concern; yen, dollar gain

By Allison Bennett and Neal Armstrong, Bloomberg | September 20, 2012

The euro dropped the most in two months against the dollar as services and manufacturing in the region shrank to a three-year low, adding to evidence the central bank will need to do more to spur growth.
Dollar weakens amid risk appetite, speculation on central banks

By Joseph Ciolli, Bloomberg | August 4, 2012

The dollar fell as risk appetite increased amid continued speculation that central banks may take further steps to boost economic growth.

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Financials

Ex-UBS trader Hayes said to face U.K. Libor charge this week

The former UBS AG trader at the center of a global investigation into manipulation of interest rates may face criminal charges this week.

The Eurozone would not stand to benefit from a discontinuation of the American central bank stimulus efforts. So with downside pressure likely to continue for the euro, here's how can a trader take a speculative view on the euro with options.

Forex

Abe-Bernanke one-two punch crushes carry trade

Mexico’s peso is losing its status as the best carry-trade currency for Japanese investors as the Bank of Japan signals reluctance to boost stimulus while the Federal Reserve weighs curbing its asset purchases.

Regulations

EU said to raise no objections to ICE takeover of NYSE Euronext

European antitrust regulators reportedly have lodged no objections to IntercontinentalExchange Inc.’s takeover of NYSE Euronext.

Bank of New York Mellon